Full Year Results 

Old Mutual facing headwinds

Old Mutual facing headwinds

Old Mutual (OMU) appears to have come through its fundamental restructuring in fairly good shape, although weak market conditions saw funds under management slip 3 per cent to ZAR1.044bn (£55.8m) at the December year-end. The managed separation included the successful un-bundling of 32 per cent of Nedbank, leaving it with a holding of 19.9 per cent.  

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now